Dynamo Inc, a motor company, started by selling sturdy, affordable, low-maintenance motorcycles in the U.S. Initially the firm pursued a single-segment focus, and targeted the middle-income group

When the company reached the point of full market penetration of the middle-income group, it marketed to a closely related attractive segment by introducing a line of luxury motorcycles for the high-income group of consumers. Which of the following type of market segmentation strategy does Dynamo Inc use when it targets the high-income group of consumers?
A) multi-segment strategy
B) adjacent-segment strategy
C) mass-customization strategy
D) niche-segment strategy
E) mass-market strategy

B

Business

You might also like to view...

The decision of the Supreme Court of Canada in Whitten v. Pilot, stands as legal authority for which of the following propositions?

A) That punitive damages may be awarded against the person insured who breaches the duty of utmost good faith owed to an insurance company. B) That an insurance company can lawfully refuse to pay a claim where it has reasonable grounds for suspecting that the insured was responsible for the loss. C) That an insurance company may face severe penalties where it breaches the duty of good faith owed to an insured. D) That an insurance company is not a trustee for the insured. E) That an airline is liable for all damages their passengers incur if there is a plane accident

Business

Pair programming means that you work with another programmer of your own choosing

Indicate whether the statement is true or false

Business